At present, the risks of the globalized economy turning into separate warring blocs are increasing. At the same time, such a scenario would be detrimental to the vast majority of countries. opens The words of Kristalina Georgieva, head of the International Monetary Fund (IMF), RIA Novosti.
“After decades of global integration, the risk of splitting the world into warring economic blocs is growing. This scenario will be detrimental to everyone, including the population in Europe,” warned Georgieva in a speech at a forum in Brussels.
According to him, the risks of splitting the global system into separate blocs will increase simultaneously with the period of growth of the world economy at rates below “historical standards”. At the same time, the current situation on the world market should already be seen as a “dangerous moment in history”.
1 May, Kristalina Georgieva, Director of the International Monetary Fund (IMF) stated upon the gradual refusal of some countries to use US dollars in foreign settlements. At the same time, this should not cause concern, because in the foreseeable future none of the existing currencies will be able to compete with the US currency and will be able to take the leading reserve currency status from the dollar.